As the official torch relay vehicle for the ongoing Chengdu World University Games, Chinese automaker XPENG has been under the spotlight. In an interview with CGTN, He Xiaopeng, the chairman & CEO of XPENG, says he expects only a few major players to dominate around 80 percent of the Chinese auto market in the next few years. He adds that XPENG is trying to reach sales of 4 million units to be the No.1 auto brand in China by 2030.
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